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Bitcoin Price Prediction: Dips to $46,000 Amid SEC Security Flaw & ETF Turmoil
10.1.2024
In a market marked by heightened sensitivity to regulatory actions, Bitcoin’s price experienced a notable dip to $46,000, reflecting nearly 1.50% decrease on Wednesday. This latest fluctuation in the world’s premier cryptocurrency comes amid news of a security oversight at the U.S....
X Confirms US SEC’s Official Account Was Hacked, No Insider Error Detected
10.1.2024
SEC Chair Gary Gensler. Source: screenshot of a YouTube video / Yahoo Finance The official X account of the U.S. Securities and Exchange Commission (SEC) was compromised when it posted the fake spot Bitcoin ETF approval announcement, X has confirmed. SEC’s Account did not Have a 2FA Set Up Upon...
Standard Chartered: BTC Could Hit $200K in 2025 With Spot Bitcoin ETF Approval
10.1.2024
Standard Chartered has predicted that the price of bitcoin could rise to $200,000 next year with the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The bank’s analysts described: “We see this as a watershed moment...
SEC’s Spot Bitcoin ETF Approval Post Unauthorized — Chair Gary Gensler Says SEC’s X Account Was Compromised
10.1.2024
The U.S. Securities and Exchange Commission (SEC)’s X account announced the approval of spot bitcoin exchange-traded funds (ETFs) on Tuesday. However, minutes later, SEC Chairman Gary Gensler claimed that the agency’s social media account was compromised and the post was unauthorized. Some...
VanEck, Bitwise Surge Ahead in Bitcoin ETF Race with $200 Million Commitment
9.1.2024
Source: Pixabay VanEck has committed $72.5 million in seed capital for its ETF. Bitwise has allocated $500,000. These figures come from S-1 documents filed with the U.S. Securities and Exchange Commission (SEC). Per the filings, Bitwise is offering a $200 million investment opportunity, with...
Bitcoin ETF Applicants to File Updated S1 Form After SEC’s Comments – A Delay Signal?
9.1.2024
Source: CNBC As the spot Bitcoin exchange-traded fund (ETF) issuers filed applications for their revisions to reveal previously undisclosed fee structures, the U.S. Securities and Exchange Commission (SEC) has returned comments. The SEC’s critiques came swiftly on the heels of the updated...
Bitcoin Price Prediction: Surge to $47K Amid SEC ETF Speculation, $200K Forecast by 2025
9.1.2024
Bitcoin’s price has soared to $47,000, marking its highest level since April 2022, driven by fervent speculation about the U.S. Securities and Exchange Commission (SEC) possibly approving Bitcoin exchange-traded funds (ETFs). This surge in value is not just a stand-alone event but...
SEC Expected to Approve ‘a Handful’ of Spot Bitcoin ETFs on Wednesday, Report
9.1.2024
The U.S. Securities and Exchange Commission (SEC) is expected to green-light “a handful” of spot bitcoin exchange-traded funds (ETFs) on Wednesday, potentially unleashing a wave of trading this week. On Monday, 10 applicants submitted their final amendments, including Blackrock, which...
10 Spot Bitcoin ETF Applicants Submit Final Amendments With SEC
8.1.2024
Ten spot bitcoin exchange-traded fund (ETF) applicants have filed their final amended registration statements with the U.S. Securities and Exchange Commission (SEC). The amended filings reveal a fierce fee war among spot bitcoin ETF issuers. Grayscale charges the highest fee of 1.5% while Bitwise...
Bitcoin Technical Analysis: BTC Traders Brace for Potential ETF Approval
8.1.2024
The crypto community is abuzz with expectations as bitcoin’s pricing reflects a sophisticated dance between investor sentiment and analytical forecasts. The prospective green light for a spot bitcoin exchange-traded fund (ETF) from the U.S. Securities and Exchange Commission (SEC) is a...
Bitcoin Price Prediction: SEC Alerts, ETF Optimism and a 6000% Growth Outlook
8.1.2024
In the rapidly evolving world of cryptocurrency, Bitcoin continues to capture headlines and investor interest, trading at $43,548 with a slight decrease of nearly 1% as of Monday. Amidst this fluctuating landscape, the U.S. Securities and Exchange Commission (SEC) has issued a fresh warning about...
Bitcoin ETF Approval Imminent: SEC’s Key Decision Expected This Week
8.1.2024
Source: DALL·E This week marks a potentially transformative moment for cryptocurrency as the U.S. Securities and Exchange Commission (SEC) is expected to make a key decision on the approval of several spot Bitcoin exchange-traded funds (ETFs). The SEC’s decision, due by Jan. 10, will...
SEC Issues ‘Fear of Missing Out’ Warning Ahead of Spot Bitcoin ETF Decision
8.1.2024
The U.S. Securities and Exchange Commission (SEC) has warned investors about fear of missing out (FOMO). “Just because others might buy a particular investment, doesn’t mean it’s the right opportunity for you,” the SEC noted. “We’ve all seen the increased interest...
Blackrock Expects SEC to Approve Spot Bitcoin ETF This Wednesday
7.1.2024
Blackrock, the world’s largest asset manager, reportedly expects its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust, to be approved by the U.S. Securities and Exchange Commission (SEC) this coming Wednesday. According to reports, the asset manager has lined up over...
Former Citi Executives Launch New Bitcoin Product That Bypasses SEC Approval
7.1.2024
A group of former Citigroup executives has introduced a new product called bitcoin depository receipts. They explained that this crypto product does not need to be registered with the U.S. Securities and Exchange Commission (SEC). The new offering aims to be a “complementary” product...
Concerns Mount Over Potential SEC Rejection of Spot Bitcoin ETFs, Analyst Weighs In
7.1.2024
The possibility of the U.S. Securities and Exchange Commission (SEC) rejecting spot bitcoin exchange-traded funds (ETFs) became a concern after financial watchdog group Better Markets called on the securities regulator to reject spot bitcoin ETFs, warning that approvals will lead...
Watchdog Group Warns SEC: Reject Spot Bitcoin ETFs or Face ‘Financial Carnage’
6.1.2024
Financial watchdog group Better Markets has called on the U.S. Securities and Exchange Commission (SEC) to reject spot bitcoin exchange-traded funds (ETFs), warning that they “will inflict massive investor harm.” The organization features U.S. Senator Elizabeth Warren’s...
11 Spot Bitcoin ETFs Inch Closer to Approval — Analyst Says It’s ‘Basically Done’
6.1.2024
Eleven spot bitcoin exchange-traded funds (ETFs) are moving closer to approval by the U.S. Securities and Exchange Commission (SEC). Proposed rule changes to list and trade all 11 spot bitcoin ETFs on stock exchanges have been filed with the SEC. “It’s basically done,” an ETF analyst...
Asset Manager Vaneck Pledges to Donate 5% of Spot Bitcoin ETF Profits to Bitcoin Core Developers for 10 Years
6.1.2024
Asset management firm Vaneck has pledged to donate 5% of its spot bitcoin exchange-traded fund (ETF) profits to support Bitcoin Core developers for at least 10 years. The company is currently awaiting approval from the U.S. Securities and Exchange Commission (SEC) to launch its spot bitcoin ETF....
Grayscale, ARK Invest, Valkyrie File Security Registration Forms for Spot Bitcoin ETF
5.1.2024
Source: DALL·E Grayscale, ARK Invest, and Valkyrie have submitted forms for spot Bitcoin exchange-traded fund (ETF) security registration with the U.S. Securities and Exchange Commission (SEC). According to Radar, major spot Bitcoin ETF issuers Grayscale, ARK Invest and 21Shares, and Valkyrie have...